Top 10 Analyst Upgrades and Downgrades: Lululemon, Apple, Disney and More
Investors and traders are usually on the lookout for new research ideas that will generate higher income or more profits. 24/7 Wall St. reviews many analyst research calls from Wall Street and from boutique firms to find great ideas in value stocks, growth stocks and dividend stocks. Some are stocks to buy, while some ideas are even stocks to sell. These are 10 of the top analyst upgrades, downgrades and initiations seen from select Wall Street research calls this Tuesday.
Alnylam Pharmaceuticals Inc. (NASDAQ: ALNY) was started in coverage with an Overweight rating and a $35 price target at Morgan Stanley.
AmerisourceBergen Corp. (NYSE: ABC) was raised to Outperform from Market Perform at Leerink Swann.
Apple Inc. (NASDAQ: AAPL) was reiterated as Outperform with a $525 target price at Credit Suisse.
Catamaran Corp. (NASDAQ: CTRX) was raised to Buy from Neutral at UBS and raised to Sector Outperform from Sector Perform at CIBC.
Kinross Gold Corp. (NYSE: KGC) was cut to Hold from Buy at Canaccord Genuity.
Lululemon Athletica Inc. (NASDAQ: LULU) was cut to Neutral from Buy at UBS and cut to Neutral from Buy at Sterne Agee.
Moody’s Corp. (NYSE: MCO) was cut to Hold from Buy at Benchmark.
Navistar International Corp. (NYSE: NAV) was raised to Market Perform from Underperform at BMO Capital
The Walt Disney Co. (NYSE: DIS) was raised to Outperform from Neutral at Macquarie.
XenoPort Inc. (NASDAQ: XNPT) was cut to Underweight from Equal Weight at Morgan Stanley.